Hsbc. co.uk provides customers a range of electronic payment services that are quick and easy to use. So it is important for people to know what types of international money transfer services are available.
The first one is Global Transfers
If you're an hsbc.co.uk premier or advance customer with accounts in one of over 30 countriesopens an overlay window, this is the quickest and most cost effective way to transfer money.
The second one is SEPA Payments
The Single Euro Payment Area (SEPA) is designed to create a convenient single market for Euro payments within Europe. SEPA's reach extends to over 32 countries and territories.
Then it is the World pay. World pay is a method of sending amounts up to the currency equivalent of ￡2,000 in local currency directly to the overseas bank account of the beneficiary, in any of 21 countries.
The last one is Priority Payments. This could be an ideal choice if you are sending money abroad and the destination country is not eligible for World pay or SEPA payments.
After understanding these four transfers you may ask how to make an international payment? It is quite easy.
If you are a registered for personal Internet banking, all you need to do is:
1. Log on
2. Select the account from which you want to transfer money
3. Select 'Send Money Overseas' and enter the required payment details
4. Carefully check all the payment details - including the beneficiary details - as you won't be able to correct them once you have confirmed the payment
5. Generate a transaction code on your Secure Key and enter it when prompted
6. Confirm your payment. The exchange rate will expire after 90 seconds, but you can then refresh for a new one.
If you are not registered, just register.
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